Socialism

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Socialism

Socialism

The term socialism is commonly used to refer both to an ideology--a
comprehensive set of beliefs or ideas about the nature of human society and its
future desirable state--and to a state of society based on that ideology.
Socialists have always claimed to stand above all for the values of equality,
social justice, cooperation, progress, and individual freedom and happiness, and
they have generally sought to realize these values by the abolition of the
private-enterprise economy (see CAPITALISM) and its replacement by "public
ownership," a system of social or state control over production and distribution.
Methods of transformation advocated by socialists range from constitutional
change to violent revolution.

ORIGINS OF SOCIALISM

Some scholars believe that the basic principles of socialism were derived from
the philosophy of Plato, the teachings of the Hebrew prophets, and some parts of
the New Testament (the Sermon on the Mount, fo...

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